Forbes touts flat tax at WSU speech


OGDEN -- One of America's best-known businessmen was in town Wednesday to express his support for a proposed flat-tax system in Utah and nationwide.

Steve Forbes, president and chief executive of Forbes Inc. and editor-in-chief of Forbes magazine, told a crowd of more than 100 at Weber State University that Gov. Jon Huntsman's proposal to implement a statewide flat-tax rate could serve as an example for others to follow.

Forbes - State regs are business-friendly - Top ranking sounds sunny, but there could be a cloud or two to consider in this silver lining

Let the BlackBerrys sing -- "Forbes" magazine declared this week that Virginia is the nation's "best state for business."

Gov. Tim Kaine and others greeted the ranking as great news, and it surely could be. Yet details about the rankings and how they were determined remain sketchy enough to suggest clouds might drift within the silver linings.

Forbes site ranks Va. No. 1 state for business

Virginia is the best place for business in the United States, according to a ranking by Forbes.com.

Gov. Timothy M. Kaine said the first-place ranking means the state is "on the right track to lead the way."

"Today I reaffirm our pledge to continue working in a bipartisan way with our legislature to build on Virginia's reputation as a national leader," the governor said in a statement Wednesday.

 

'Forbes' - HP likely to buy Check Point by year-end - Check Point has found it difficult to meet growth targets since its takeover of Sourcefire was thwarted

"Forbes" quotes Technology Business Research analyst Momin Khan as saying that he expects Hewlett-Packard Company (NYSE: HPQ) to make two or three more acquisitions over the course of 2007. In July, HP acquired Mercury Interactive Corp. (Pink Sheets:MERQ) for $4.5 billion. He said Check Point Software Technologies Ltd. (Nasdaq: CHKP) was a possible acquisition target.

The US Federal Trade Commission recently approved Hewlett Packard's acquisition of Mercury, and that most of the obstacles for closing the deal have been cleared, except for the publication of Mercury's financial reports.

Hewlett Packard's acquisition of Mercury is aimed at boosting the turnover of its software business to $3 billion by 2008. An acquisition of Check Point, which provides Internet security solutions, will help Hewlett Packard achieve its target.

Tucson No. 7 on Forbes list of overvalued housing cities



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